TORC Oil & Gas Ltd.

09:50 AM EST - TORC Oil & Gas Ltd. : Announced its credit facility has been confirmed at $425 million, with the borrowing base determination dates under the credit agreement to be amended to May and November annually, from April and October. TORC has received formal lender commitments from all syndicate members and expects credit documentation to be completed by July 3. TORC Oil & Gas Ltd. shares T.TOG are trading down $0.04 at $1.66.